Thursday, January 11, 2007Sponsor post: Thanks to our sponsors!Thanks to our sponsors! socalTECH.com is sponsored by the following companies:
PricewaterhouseCoopers (http://www.pwcglobal.com)
Redpoint Ventures (http://www.redpoint.com)
Silicon Valley Bank (http://www.svb.com)
Clearstone Ventures (http://www.clearstone.com)
Costello & Sons (http://www.costelloandsons.com)
Venture Realty Group (http://www.venturerealtygroup.com)
Stubbs Alderton Markiles LLP (http://www.biztechlaw.com)
Safire Partners (http://www.safirepartners.com)
Stradling Yocca (More info...)
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Oversee.net Acquires LowFares.comLos Angeles-based Oversee.net said today that it has acquired LowFares.com, a travel product comparison research site. Financial terms of the deal were not disclosed. LowFares.com provides side-by-side price comparisons of travel sites, and provides travel leads to advertisers like Priceline.com, Hotwire.com, Expedia.com, Cheapair.com, and Orbitz.com. Josh Lippiner, President and Founder of LowFares.com, will join Oversee.net as part of the deal, and will manage LowFares.com as part of Oversee's (More info...)
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Great Pacific Capital Opens VC FundSanta Barbara-based Great Pacific Capital announced Wednesday that the firm has opened up a new early stage fund focused on the region. The firm, which is headed by former Fastclick CEO Dave Gross, said it will look to address the growing base of technology opportunities in the region. The fund said that it is looking at areas of new media/ecommerce/mobile commerce, software as a service (SaaS), medical diagnostics and wellness, manufacturing, renewable energy, and alternative transportation sys (More info...)
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Experian Opens R&D Center Headed By LowerMyBills FounderIrvine-based Experian Interactive has opened a new research and development arm, the firm said Wednesday, which will focus on creating new lines of business. The new Experian Interactive Innovation Center will be headed by Matt Coffin, founder and president of LowerMyBills.com. According to the company, the team there will identify and develop new business opportunities that utilize Experian's data and analytics along with existing brands. The new center will include facilities in Northern Calif (More info...)
posted on Thursday, January 11, 2007(Full story)